1 & 2 combined, 204 Centre Street N — Sundre, Alberta

$850,000
Type:DetachedArea:5334.76 sqftBuilt:1961Postal:T0M1X0
1 & 2 combined, 204 Centre Street N — Sundre, Alberta - Photo 1 of 8
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Property Description

This well-constructed, fire-resistant cinder brick building comprises approximately 5,334 sq ft of above-grade space and offers a combination of durable construction, functional layout, and future adaptability. The building was originally configured to support two independent commercial units, providing immediate optionality for multi-tenant leasing or strategic reconfiguration.The asset features two rear receiving doors and rear yard access suitable for deliveries and service, enhancing usability across a range of commercial tenant profiles. The current owner is prepared to lease back all or a portion of the building, offering the opportunity for immediate stabilized income with longer-term upside through leasing optimization or space reconfiguration. An owner-operator may occupy approximately half the premises while generating income from the balance, or secure a full lease-back to anchor returns from day one.Located on Sundre’s primary commercial corridor, the property benefits from consistent local demand, established surrounding businesses, and seasonal population inflow. This is a low-vacancy risk asset with multiple execution paths, suitable for investors seeking predictable income today with clear value-add opportunities over time.Private viewings by appointment only. Please do not approach staff. (id:63357)

Property Details

Property Type
Detached
Building Area
5,335 square feet
Living Area
5,335 sqft
Above Grade Area
5,335 sqft
Year Built
1961
Status
Active

Location & Neighborhood

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$850,000